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central excise

When is Central Excise Day 2023? Date, History, Significance and Celebrations

Lisa Feb 23, 2023

Last Updated: February 23, 2023, 18:21 ISTThe Central Excise Day is also observed to commemorate the Central Excise Act, which was passed on February 24, 1944. (Representative image: Shutterstock) Central Excise Day is observed to recognise…

Business

Total tax on petrol down to 50%, diesel to 40% after duty cuts

Jessica Nov 7, 2021

Retail price of petrol and diesel is decided after adding central excise, commission paid to dealers and value-added tax (VAT) to basic oil prices The total incidence of taxes on petrol has come down to 50% and that on diesel to 40%…